BIANCA ROUSSEAU: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BIANCA ROUSSEAU
Largest movements
- Tangible fixed assets -€9,389
down €9,389 (-24.8%), from €37,843 to €28,454
- Receivables within one year +€6,649
up €6,649 (+36.0%), from €18,486 to €25,135
of which Trade receivables: +€3,513
- Debts after one year -€8,091
down €8,091 (-31.0%), from €26,124 to €18,033
- Profit (loss) carried forward +€5,356
up €5,356 (+43.9%), from €12,188 to €17,544
- Tax, wage and social debts -€2,019
down €2,019 (-39.1%), from €5,169 to €3,150
of which Remuneration and social security: -€3,034
- Trade debts +€1,368
up €1,368 (+210%), from €650 to €2,018
- Gross operating margin +€15,479
up €15,479 (+284%), from €5,457 to €20,936
- Taxes +€2,852
up €2,852 (+957%), from €298 to €3,150
- Other operating charges +€283
up €283 (+25.2%), from €1,121 to €1,404
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,878 | €53,837 | -€3,041 | -5.3% |
| Fixed assets | 21/28 | €37,843 | €28,454 | -€9,389 | -24.8% |
| Tangible fixed assets | 22/27 | €37,843 | €28,454 | -€9,389 | -24.8% |
| Furniture and vehicles | 24 | €37,843 | €28,454 | -€9,389 | -24.8% |
| Current assets | 29/58 | €19,035 | €25,383 | +€6,348 | +33.3% |
| Amounts receivable within one year | 40/41 | €18,486 | €25,135 | +€6,649 | +36.0% |
| Trade receivables | 40 | €11,400 | €14,913 | +€3,513 | +30.8% |
| Other amounts receivable | 41 | €7,086 | €10,222 | +€3,136 | +44.3% |
| Cash at bank and in hand | 54/58 | €471 | €1 | -€470 | -99.8% |
| Deferred charges and accrued income | 490/1 | €78 | €247 | +€169 | +217% |
| Total equity and liabilities | 10/49 | €56,878 | €53,837 | -€3,041 | -5.3% |
| Equity | 10/15 | €17,188 | €22,544 | +€5,356 | +31.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,188 | €17,544 | +€5,356 | +43.9% |
| Amounts payable | 17/49 | €39,690 | €31,293 | -€8,397 | -21.2% |
| Amounts payable after more than one year | 17 | €26,124 | €18,033 | -€8,091 | -31.0% |
| Financial debts | 170/4 | €26,124 | €18,033 | -€8,091 | -31.0% |
| Amounts payable within one year | 42/48 | €13,566 | €13,260 | -€306 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €7,747 | €8,092 | +€345 | +4.5% |
| Trade debts | 44 | €650 | €2,018 | +€1,368 | +210% |
| Suppliers | 440/4 | €650 | €2,018 | +€1,368 | +210% |
| Taxes, remuneration and social security | 45 | €5,169 | €3,150 | -€2,019 | -39.1% |
| Taxes | 450/3 | €2,135 | €3,150 | +€1,015 | +47.5% |
| Remuneration and social security | 454/9 | €3,034 | - | -€3,034 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,491 | €9,389 | -€102 | -1.1% |
| Other operating charges | 640/8 | €1,121 | €1,404 | +€283 | +25.2% |
| Gross operating margin | 9900 | €5,457 | €20,936 | +€15,479 | +284% |
| Operating profit (loss) | 9901 | -€5,155 | €10,143 | +€15,298 | |
| Financial income | 75/76B | €20 | €3 | -€17 | -85.0% |
| Recurring financial income | 75 | €20 | €3 | -€17 | -85.0% |
| Financial charges | 65/66B | €1,753 | €1,640 | -€113 | -6.4% |
| Recurring financial charges | 65 | €1,753 | €1,640 | -€113 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,888 | €8,506 | +€15,394 | |
| Income taxes | 67/77 | €298 | €3,150 | +€2,852 | +957% |
| Profit (loss) for the period | 9904 | -€7,186 | €5,356 | +€12,542 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,186 | €5,356 | +€12,542 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.